05:58:42 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,275,388
Close 2024-03-07 C$ 49.39
Market Cap C$ 45,057,281,413
Recent Sedar Documents

BCE appoints Ernst & Young as auditor for FY 2025

2024-03-07 17:10 ET - News Release

Ms. Ellen Murphy reports

BCE ANNOUNCES CHANGE OF AUDITOR FOR FISCAL 2025

The audit committee of the board of directors of BCE Inc. has completed a comprehensive request for proposal process for the 2025 external audit engagement, and the board has selected Ernst & Young LLP as its external auditor for fiscal 2025. In keeping with its focus on best corporate governance practices and given the long tenure of Deloitte LLP as BCE's external auditor, the audit committee had initiated the RFP in 2023. After careful consideration, on the advice of the audit committee, the board selected Ernst & Young, subject to shareholder approval, at BCE's 2025 annual shareholder meeting.

Ernst & Young was selected based on the qualifications of its audit team, staffing model, technology and independence. BCE extends its gratitude to Deloitte for the quality of expertise and insight it has provided to the corporation over the years.

Deloitte will continue as external auditor through the financial year ending Dec. 31, 2024, subject to shareholder approval at the 2024 annual shareholder meeting. Ernst & Young will commence a transition process with Deloitte during the financial year ending Dec. 31, 2024, to ensure an orderly transfer. Further to the RFP, Deloitte will resign as BCE's external auditor, effective on the business day following the filing of BCE's audited consolidated financial statements for the year ending Dec. 31, 2024, and its auditor's report thereon, and Ernst & Young will be appointed as BCE's external auditor, effective on the same date, to fill the vacancy and hold office until the 2025 annual shareholder meeting. BCE intends to propose to shareholders, at its 2025 annual shareholder meeting, that Ernst & Young be appointed as its external auditor until the end of the next annual shareholder meeting.

About BCE Inc.

BCE is Canada's largest communications company (1), providing advanced Bell broadband Internet, wireless, TV, media and business communications services.

Through "Bell for Better," it is investing to create a better today and a better tomorrow by supporting the social and economic prosperity of its communities. This includes the "Bell Let's Talk" initiative, which promotes Canadian mental health with national awareness and anti-stigma campaigns like "Bell Let's Talk Day" and significant Bell funding of community care and access, research, and workplace leadership initiatives throughout the country.

(1) Based on total revenue and total combined customer connections.

© 2024 Canjex Publishing Ltd. All rights reserved.